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On the third night of the Republican National Convention, Congressman Paul Ryan, the nominee for vice president, emphatically put forth his party as the party of growth. “After four years of the government dividing up wealth,” he told a cheering crowd, “we’re going to get back to the business of creating wealth.” Explicitly crediting his mentor, the late Jack Kemp, Ryan presented an optimistic, expansive vision of a free society hospitable to entrepreneurs and owners of small businesses such as his own mother, whose “work gave us hope” after his father died. What these entrepreneurs “need to hear from their government," Ryan said, “is, ‘Yes, you did build that.’” Ryan announced policy goals of creating “12,000,000 jobs over the next four years” and keeping “federal spending at 20% of GDP or less, because that’s enough.” Given the choice between “hard limits on economic growth or hard limits on the size of government,” Ryan had no hesitation in announcing: “We choose to limit government.” “We can get this economy growing again,” he promised, echoing the assertions he made at the 4% Growth Project’s conference on economic growth in New York this spring. You can watch a video of his presentation here.
Robert Asahina has been a newspaper and magazine editor and writer, a book publishing executive and editor, and a data management consultant. He was editor in chief and deputy publisher of Broadway Books, president and publisher of the adult publishing group of Golden Books, and vice president and senior editor of Simon and Schuster; deputy managing editor of The New York Sun and an editor at The New York Times Book Review, Harper's, George, and The Public Interest; and a consultant at Freddie Mac. He is the author of "Just Americans" and of numerous articles and reviews for The Wall Street Journal, Harper's, The New York Times Book Review, and elsewhere.
TARIFF-IED: Trade Talk with Matthew Rooney
This week, trade relations between the U.S. and India are continuing to escalate. Earlier this month, the U.S. stopped granting India special trade privileges by taking away the Generalized System of Preferences (GSP) program, and India has responded by enforcing more tariffs of its own. The George W. Bush-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict: For more information on trade groups and the global economy, visit www.bushcenter.org/scorecard.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.